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News & Notes

Fort Myers school spends $29 million on office buildings

In the week's top commercial real estate news, a major hotel project is OK’d in St. Pete Beach, more land is conserved in Sarasota, and Margaritaville comes to Naples.


  • By Louis Llovio
  • | 5:00 a.m. April 28, 2024
  • | 0 Free Articles Remaining!
Evangelical Christian School bought the buildings — totaling 110,000 square feet — at 4501 Colonial Blvd. and 4445 Winkler Ave. for $28.6 million.
Evangelical Christian School bought the buildings — totaling 110,000 square feet — at 4501 Colonial Blvd. and 4445 Winkler Ave. for $28.6 million.
Image courtesy of LSI Cos.
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Naples/Fort Myers/Charlotte

Schools out: A Fort Myers Christian school has bought a two-building office complex and plans to turn it into a high school. Evangelical Christian School bought the buildings — totaling 110,000 square feet — at 4501 Colonial Blvd. and 4445 Winkler Ave. for $28.6 million, according to LSI Cos. which represented the seller. ECS, as it’s known, says in a Facebook post that the property will serve as its high school beginning in August. Its high school is now at 8237 Beacon Blvd. where preschool through middle school students will remain. The buildings were once the site of Hodges University, which announced last year that it was closing in April 2024 and offering limited classes until August 2024. At one point this year, the Fort Myers City Council discussed buying the property as the site for a new city hall. LSI says it is the largest office transaction in Lee County in the past three years.

The Compass Hotel by Margaritaville Naples at 4805 Tamiami Trail N. opened in April.
Image via CompassHotel.com

 


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Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

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